‘To be happy, buy this’ says Science

You’re smart. Successful. You’re a consistent saver and an intelligent investor. But are you happy?We’re all told as children that money doesn’t buy happiness, but to some extent that’s a lie. In fact, studies have found that wealth is significantly correlated with subjective well-being – but only up to a point.In 2010, a Princeton study by Daniel Kahneman and Angus Deaton found that earning more than US$75,000 per year won't significantly increase your day-to-day happiness.But don’t worry. The fact that your financial achievement no longer fills you with undiluted pleasure may just mean one thing – you’re spending it wrong. Most...

You’re smart. Successful. You’re a consistent saver and an intelligent investor. But are you happy?

We’re all told as children that money doesn’t buy happiness, but to some extent that’s a lie. In fact, studies have found that wealth is significantly correlated with subjective well-being – but only up to a point.

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